News / Latest News
- New letting to Nokia at Two Kingdom Street, Paddington Central Announced
- Development Securities announces Agreement for Lease
- Crowd Pleaser, How a small in-house team keeps a lot of people happy at PaddingtonCentral
- Development Securities PLC to lease 92,000 sq ft at PaddingtonCentral to Vodafone
- Statoil to take two floors at PaddingtonCentral
- Misys take 74,000 sq ft at One Kingdom Street
- Skanska UK’s combined expertise secures second Development Securities contract
- Public Art at Kingdom Street wins approval from Westminster Council
- An unbeatable offer - One Kingdom Street at PaddingtonCentral launches to the market
Statoil to take two floors at PaddingtonCentral
Monday 9th June 2008
Development Securities has announced that two floors at One Kingdom Street, PaddingtonCentral, funded by Aviva Fund Management and Union Investment, have been placed under offer. Under the terms of this Statoil (U.K) Ltd would lease the entire 8th and 9th floors, totalling 53,000 sq ft, and would be relocating its UK headquarters from its present premises at 11a Regent Street, SW1. The terms of the lease are confidential. No further announcement will be made in the immediate future.
Notes to Editors:
One Kingdom Street is the most recently completed building at Development Securities’ and Aviva’s PaddingtonCentral mixed use development. 74,000 sq ft has been leased to Misys PLC and, following the Statoil letting, 128,000 sq ft would remain. The building is ready for immediate occupation. Statoil UK Ltd is a subsidiary of Statoil Hydro ASA, one of the world’s largest crude oil and gas suppliers. It is incorporated in Norway and ultimately controlled by the Norwegian government.
Please contact Naomi Galt at FD Tamesis on 0207 269 9351
or naomi.galt@fd.com